A newly conceived commercial offering for retailers, developers, or penthouse end users for a building located in the heart of the 100 block of Colorado Ave., with heavy pedestrian traffic. Although not an approval, a very positive consensus by the HARC board of a schematic proposal was achieved without objection for creating a condominium land subdivision of a lot to the rear of the existing, non-historic structure. The eventual owner would be required to present more refined drawings of a proposed building on the vacant land, and subsequently for approval by HARC along with a replat of the existing underlying lot. The end result is that potentially two owners could individually control in a condominium regime the existing building and the newly created lot for construction of a luxury penthouse condominium. For an owner controlling the entire assemblage, cost savings for development are significant with substantial value added.
Details
MLS #
43129
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Year
1973
Days On Site
655
Listing Provided By
Telluride Properties Main St. | TD Smith
Features
Bath(s)
3 Total
Basement
Y
Taxes
Tax Annual Amount
43990
Area Information
State
CO
County
San Miguel County
City
Telluride
Zip Code
81435
Area
Town of Telluride
Subarea
San Miguel County
Community Name
Main Street
Sourced by Back At You
MLS Number: 43129
TD Smith – (970) 729-1577 – td@tdsmith.com
Telluride Properties Main St. – (970) 728-3111 – albertroer@gmail.com
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MLS Number: 43129
TD Smith – (970) 729-1577 – td@tdsmith.com
Telluride Properties Main St. – (970) 728-3111 – albertroer@gmail.com